287 Wardell Road
About This Property
maintenance free deck with a thick tree buffer for ample privacy, 4 bedrooms, 2.5 baths, 2 story foyer, great open floor plan, huge basement with high ceilings, oversized driveway and so much more... Many recent upgrades include brand new pool, as well as new filter, heater and pool cover. Upgraded deck around the pool. New fence around entire backyard. All new kitchen appliances (stainless steel). New luxury vinyl flooring. New carpets on 2nd floor. 2 new AC units. New gas fireplace insert. New blinds on all windows and the list goes on...Pool has a removable child barrier fence. Steps away from Wardell Park for kids playground, tennis courts, pickle ball courts and basketball courts. Centrally located close to absolutely everything the Jersey Shore has to offer. Minutes to the top NJ Jersey beaches, such as Asbury Park, Bradley Beach, Belmar, Avon, Ocean Grove, Allenhurst, Long Branch, Monmouth Beach or Sea Bright etc.. Minutes onto commuter highways such as RT18, Garden State Parkway, I-195, RT's 33,34,35,36. Many top Zagat rated restaurants not to mention the best Jersey pizza and bagels. Uber vibrant music scene, nightlife, culture, be it Asbury Park or Red Bank at venues such as Count Basie Theater, The Vogel, Stone Pony, Wonder Bar, The Asbury and so many more. Discount or high-end shopping. Top rated blue-ribbon school systems both public & private. It's all here. We cannot stress enough the vibrant, unique lifestyle this area of the Jersey Shore provides. If you aren't familiar, make your appointment today and come take a look. You'll be blown away. WE PROMISE!
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 11, 2024 | Sold | ||
| Sold | |||
| Sep 13, 2024 | In contract | - | |
| In contract | |||
| Aug 27, 2024 | Relisted | $749,000 | |
| Relisted | |||
| Jul 25, 2024 | In contract | - | |
| In contract | |||
| Jul 12, 2024 | Listed by Coldwell Banker Realty | $749,000 | |
| Listed by Coldwell Banker Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017